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  Posted by u/ one year ago

Nifty News: Yuga cuts staff, NFT trading volume on Mythos Chain surges and more...

Yuga Labs CEO Daniel Alegre said the firm was stretching itself thin by taking on too many projects, and will now focus on its core aims with a smaller team.

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  Posted by u/ one year ago

Bitcoin Eyes $28K but These Alts Have Performed Better (Market Watch)

Several altcoins have posted double digit weekly gains, icluding TWT and AAVE.

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  Posted by u/ one year ago

Retail stablecoin trading in Hong Kong not allowed yet, official says

Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024.

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  Posted by u/ one year ago

Bitcoin bulls keep pressure on $28K while calls for BTC price dip grow

Bitcoin is being treated with suspicion on short timeframes, with repeated pushes into resistance met with rejection.

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  Posted by u/ one year ago

Binance spot market share drops for 7th consecutive month: Report

Binance?s lost spot trading volume has been reportedly distributed among exchanges like HTX (formerly Huobi), Bybit and DigiFinex.

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  Posted by u/ one year ago

Bitcoin Hodler Growth Comparable to 2017 Cycle, Will BTC 10x in Next Bull Run?\xa0

The number of long-term Bitcoin holders is growing and the uptrend is stronger now than it was during the previous bull market cycle.\xa0

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  Posted by u/ one year ago

CoinShares? crypto venture Komainu wins crypto registration in UK

Komainu is increasing its presence in the U.K. after making an agreement with authorities to store crypto seized during local investigations in 2021.

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  Posted by u/ one year ago

Addresses Holding 0.1% of BTC Supply Saw Strong Net Inflows in Q3 2023: Report

These substantial net inflows took place while centralized exchanges saw outflows.

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  Posted by u/ one year ago

More Crypto Job Cuts: Ledger Downsizes Workforce by 12%

Ledger has joined the long list of crypto companies trimming down its workforce as the industry grapples with the ongoing bear market.

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  Posted by u/ one year ago

FTX Co-Founder Testifies: Sam Bankman-Fried Allowed Unlimited Fund Withdrawals

FTXÂ\xa0co-founderÂ\xa0Gary WangÂ\xa0has testified in court, admitting that he and former FTX bossÂ\xa0Sam Bankman-FriedÂ\xa0committed wire fraud.

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  Posted by u/ one year ago

ThorChain Hits Record-Setting $355 Million Trading Volume in a Day

ThorChain transaction volume hits record high, with total numbers exceeding $1B in past 5 days.

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  Posted by u/ one year ago

Gary Wang?s First Day in Court in SBF?s Legal Case: Details

FTX?s former CTO testified against Sam Bankman-Fried following testimonies by retail investors and former low-level employees of the platform.

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  Posted by u/ one year ago

U.S. Treasury Targets Crypto Wallets Linked to Illegal Fentanyl Trade \x93Â\xa0Here's What You Need to Know

The United States Treasury's Office of Foreign Assets Control (OFAC) has sanctioned several cryptocurrency wallets associated with the illegal fentanyl trade.

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  Posted by u/ one year ago

Tale of Caroline Ellison: One of the Few Who Know The Truth About SBF

Ellison is considered a star witness and is prepared to tell her side of the story when she eventually testifies against her ex-boyfriend.

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  Posted by u/ one year ago

3 reasons why Solana (SOL) price is up this week

Solana price staged a double-digit recovery since September and a portion of the move was caused by improving fundamentals.

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  Posted by u/ one year ago

Identity Verification Crucial to Preventing Crypto Scams, says Concordium Founder

ConcordiumÂ\xa0founderÂ\xa0Lars Seier ChristensenÂ\xa0believes identity verification is essential in preventing cryptocurrency scams.

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  Posted by u/ one year ago

Dubai Regulator Halts Sale and Distribution of Islamic Coin \x93 What's Going On?

The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against Bored Gen DMCC (BG), a company involved in the sale of Islamic coin (ISLM).

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  Posted by u/ one year ago

Is SOL?s Price in Danger? $449 Million Worth of Solana Unstaked

Solana Compass insight has shown approximately 19.637 million SOL tokens were unstaked during the network's 512 epoch period.

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  Posted by u/ one year ago

Kraken Pushes European Expansion with Acquisition of BCM

Kraken aims to expand in Europe, acquiring Netherlands-based crypto broker Coin Meester. Strengthening foothold and compliance.

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  Posted by u/ one year ago

FTX Hijacked Customer Funds As Early As 2019, Says Co-Founder

Alameda?s privileges at FTX were always present, including its ability to take client funds.

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  Posted by u/ one year ago

Australian Authorities Seize Crypto Worth $1.5 Million From Alleged Drug Dealer

A South Australian resident have been accused of trafficking illicit drugs on the dark web and using crypto for money laundering.

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  Posted by u/ one year ago

Thorchain?s THORSwap DEX now in maintenance mode amid illicit activity

Key takeaways THORChain-based decentralised exchange THORSwap is currently in maintenance mode. The DEX seeks to curb a rise in potentially illicit funds moving through the platform. THORSwap DEX is now in maintenance mode THORChain-based decentralised exchange THORSwap announced via X (formerly Twitter) that it is temporarily transitioning” into maintenance mode as it seeks to curb […]

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  Posted by u/ one year ago

VEXT Is Now Available On Gate.io

London, United Kingdom, October 6th, 2023, Chainwire   VEXT is now available (10:00AM UTC) on Gate.io, another renowned global centralized exchange. Users can head over to Gate.io now by CLICKING HERE so they don’t miss out on the exclusive rewards and bonuses up for grabs! This is a defining moment where users have the opportunity […]

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  Posted by u/ one year ago

Harambe Token?s Revolutionary AI Hedge Fund Meme Token Unlock?s Unprecedented Investment Opportunities

The 2023 bull market peaked in an overwhelming meme coin frenzy during early May, with newcomers like Pepe (PEPE) soaring to new heights. Current appetite for meme coins appears insatiable, with traders keenly scouting for assets promising short-term gains that also hold promise for a sustained rise in the broader cryptocurrency domain. Such meteoric ascents […]

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  Posted by u/ one year ago

Canadian regulator clarifies guidelines for stablecoins trading

Canadian securities regulator CSA has clarified terms and conditions for stablecoin trading on exchanges. Crypto platforms and issuers have to adhere to set conditions before they are allowed to offer stablecoin related services. Several crypto exchanges, including Binance, exited Canada earlier this year following CSA’s new stablecoin guidelines. The Canadian Securities Administrators (CSA) has provided […]

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  Posted by u/ one year ago

Bitrue registers as a VASP in Poland

Bitrue can now offer its services in and from Poland. The crypto exchange sees Europe as an important market. Poland had also licensed its peer Bitget earlier this year. Bitrue has successfully registered as a VASP – Virtual Asset Service Provider in Poland, the crypto exchange confirmed in a press release on Friday. Bitrue continues […]

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  Posted by u/ one year ago

3AC fugitives in disarray as OPNX faces new peril: Asia Express

3AC co-founder Su Zhu was arrested in Singapore, leaving several disgraced blockchain executives? entrepreneurial ventures in disarray.

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  Posted by u/ one year ago

THORSwap Pauses Platform After Series of FTX Hack-Linked Trades

A THORSwap developer said the team ?stands firmly against any and all criminal actions? in a message to CoinDesk.

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  Posted by u/ one year ago

Bitcoin at 'Risk of Falling,' Ether ETFs Lacklustre Performance Dismays Traders

Data shows that broader crypto markets lost just under 1% in the past 24 hours.

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  Posted by u/ one year ago

Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan

The increase in staking has reduced the appeal of ether from a yield perspective, the report said.

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  Posted by u/ one year ago

Sam Bankman-Fried's Lawyers Test the Judge's Patience

It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience with the former crypto chief?s defense team.

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  Posted by u/ one year ago

Nexo to Phase Out Cashback for UK Exchange and Card Transactions as FCA Rules Approach

Nexo is joining Bybit and Paypal in withdrawing some services from the U.K. in response to incoming promotion rules.

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  Posted by u/ one year ago

First Mover Americas: Ether ETFs Struggle to Gain Traction in First Week

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 6, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

U.S. Added 336K Jobs in September, Nearly Doubling Expectations; Bitcoin Slips 1%

The unemployment rate TKTK

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  Posted by u/ one year ago

Tokenized U.S. Treasuries Arrive on Coinbase?s Base with Backed?s RWA Token Issuance

The market for tokenized U.S. Treasuries has grown sixfold this year to $666 million, according to a real-world asset data provider.

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  Posted by u/ one year ago

Former Alameda Research CEO Caroline Ellison to Testify Tuesday in Sam Bankman-Fried Trial

Gary Wang, a former top lieutenant in Bankman-Fried?s empire, testified that Alameda had ?special privileges? at FTX that allowed the hedge fund to spend $8 billion of exchange customers? money.

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  Posted by u/ one year ago

Michael Lewis' SBF Biography Will Confuse People About Crypto

The author's sympathetic picture of the alleged fraudster as a weirdo whom nobody understood contrasts with his portrayal of crypto as a no-good industry ripe for adult supervision, says Amanda Cassatt.

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  Posted by u/ one year ago

Far From the SBF Trial, a Very Different Web3 Narrative Is Unfolding

The story of Sevi, a talented artist who happens to be a 10-year-old autistic boy living in Manila.

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  Posted by u/ one year ago

Bitcoin Grapples with $28K Resistance, but ?Uncorrelated Asset? Allure Could Mean Higher Prices, Says Analyst

Bitcoin is on track for gains on Friday despite bearish U.S. jobs numbers which initially sent the crypto down nearly 2%.

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  Posted by u/ one year ago

What Happened During Sam Bankman-Fried's First Week in Court?

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  Posted by u/ one year ago

Activist Crypto Investors Score $2.5M Bounty After Campaign on FloorDAO

The so-called decentralized autonomous organization initially formed to focus on building products, but activist investors who showed up were more interested in the project's treasury.

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  Posted by u/ one year ago

Iris Energy Acquires 7,000 Bitmain S21 Miners To Increase Self-Mining Capacity

Iris Energy has partnered with Bitmain to acquire 7,000 latest-generation Bitmain S21 miners. Shipping is scheduled for early 2024, increasing the Company?s self-mining capacity from 5.6 EH/s to 7.0 EH/s.

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  Posted by u/ one year ago

Photos Of 3AC Founder Su Zhu Arrested In Singapore

Recent Photos of 3AC founder Su Zhu arrested in Singapore obtained by The Block provide a glimpse into the moment of Zhu's arrest at Changi Airport.

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  Posted by u/ one year ago

Galxe Hack Causes Worries As Loss Of Users? Assets

The Galxe hack resulted in the website being shut down and users being warned not to connect wallets amid reports of asset theft.

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  Posted by u/ one year ago

Yuga Labs Lays Off Staff And Focus On ?Otherside? Strategy In 2024

Yuga Labs lays off employees and restructures to focus on web3 platform and Otherside strategy. The company is now fully embracing its "Otherside" strategy.

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  Posted by u/ one year ago

Instagram Bans Bitcoin Post Causing New Controversy In The Community

Instagram bans Bitcoin and crypto posts, citing community protection. European consumer group complaints put pressure on multiple social media platforms.

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  Posted by u/ one year ago

Bitcoin Rate Debate Intensifies Amidst Strong US Jobs Report

Bitcoin Rate Debate intensifies, and the price shows resilience after a strong US employment report, sparking discussions on the impact of rising interest rates on the cryptocurrency market.

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  Posted by u/ one year ago

Stablecoin Market Capitalization Witnessed A Decline To $123.8 Billion

Stablecoin market capitalization dropped to $123.8 billion in September, the lowest since 2021. Trading volume for stablecoins fell 28.4% to $331 billion, a two-year low.

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  Posted by u/ one year ago

Galxe Hack Witnesses $200,000 In Losses

In the latest developments surrounding the Galxe hack, users continue to receive updates as the extent of the damage becomes clearer. Losses have now soared to an estimated $200,000.

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  Posted by u/ one year ago

Binance UK Domain Changed To Comply With FCA Rules From Oct 8

The changed Binance UK domain is part of Binance's commitment to align with the stringent regulations set forth by the UK authorities.

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